Stocks that deliver a strong dividend yield are gaining favor among money managers, thanks to the increasingly volatile stock market. For good reason, said Rick Ashburn, the principal at Creekside Partners.“Dividend stocks offer a predictable income stream, which is all the more attractive in an up-and-down market,” said Ashburn. “Price appreciation is only a meaningful source of return when you can buy stocks cheaply -- cheap relative to their fair value. At present, we still feel that stocks are fully priced and that history tells us to expect rather mundane price appreciation from current levels. On average, stocks will appreciate by only 1.5 percent to 2.0 percent above inflation from prices like we see now.”